General
Further Changes to COVID-19 (Temporary Measures) Act Concerning Rental Relief, Collective Sales, Construction Contracts and Meetings
On 4 September 2020, the COVID-19 (Temporary Measures) (Amendment No. 2) Bill ("Bill") was passed in Parliament, setting out further proposed amendments. The Bill seeks to strengthen the COVID-19 (Temporary Measures) Act by:
(a) Expanding the powers of rental relief assessors;
(b) Allowing applications for the extensions of deadlines for collective sales;
(c) Clarifying the interaction between Part 8 of the Act (which deals with contracts affected by delay in the performance or breach of a construction contract, supply contract or related contract) and other dispute resolution proceedings; and
(d) Enhancing the certainty of alternative meeting arrangements.
This Update highlights the key features of the Bill.
Singapore | General | 17 September 2020Click here to see recent 5 articles.